REJLERS AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 144.2 SEK | +4.49% |
|
+6.52% | +17.39% |
| Apr. 25 | Rejlers AB Elects Susanne Blanke as New Board Member | CI |
| Apr. 25 | Rejlers AB Approves Dividend, Payable on 3 May 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,353 | 3,347 | 2,870 | 2,792 | 2,708 | 3,051 | - | - |
| Enterprise Value (EV) 1 | 2,730 | 3,480 | 3,144 | 3,184 | 3,336 | 3,527 | 3,224 | 2,960 |
| P/E ratio | 28.7 x | 12 x | 26.7 x | 14.3 x | 14.7 x | 14.1 x | 12.4 x | 11.5 x |
| Yield | 1.88% | - | 2.06% | 3.28% | 3.67% | 3.99% | 4.17% | 4.71% |
| Capitalization / Revenue | 0.92 x | 1.28 x | 0.99 x | 0.79 x | 0.66 x | 0.7 x | 0.67 x | 0.63 x |
| EV / Revenue | 1.07 x | 1.33 x | 1.08 x | 0.91 x | 0.82 x | 0.8 x | 0.71 x | 0.61 x |
| EV / EBITDA | 10.2 x | 6.89 x | 11.3 x | 7.65 x | 7.45 x | 6.92 x | 5.97 x | 5.34 x |
| EV / FCF | -38.1 x | 12.2 x | 21.4 x | 12.5 x | 13.9 x | 9.31 x | 8.08 x | 7.07 x |
| FCF Yield | -2.63% | 8.16% | 4.68% | 7.98% | 7.18% | 10.7% | 12.4% | 14.2% |
| Price to Book | 2.53 x | 2.89 x | 2.36 x | 1.88 x | 1.5 x | 1.55 x | 1.47 x | 1.38 x |
| Nbr of stocks (in thousands) | 19,688 | 19,688 | 19,688 | 20,382 | 22,107 | 22,107 | - | - |
| Reference price 2 | 119.5 | 170.0 | 145.8 | 137.0 | 122.5 | 138.0 | 138.0 | 138.0 |
| Announcement Date | 2/7/20 | 2/5/21 | 2/3/22 | 2/2/23 | 2/2/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,557 | 2,609 | 2,899 | 3,513 | 4,088 | 4,383 | 4,571 | 4,878 |
| EBITDA 1 | 268.9 | 505.1 | 279.1 | 416.2 | 448 | 510 | 540.3 | 554 |
| EBIT 1 | 103.5 | 337 | 129.7 | 234 | 248.5 | 296 | 327.4 | 349 |
| Operating Margin | 4.05% | 12.92% | 4.47% | 6.66% | 6.08% | 6.75% | 7.16% | 7.15% |
| Earnings before Tax (EBT) 1 | 96.2 | 302.2 | 136 | 245.8 | 226.7 | 276 | 311.4 | 337 |
| Net income 1 | 77.6 | 285 | 110.2 | 196.4 | 185.4 | 216 | 246.9 | 264 |
| Net margin | 3.03% | 10.92% | 3.8% | 5.59% | 4.53% | 4.93% | 5.4% | 5.41% |
| EPS 2 | 4.160 | 14.16 | 5.470 | 9.550 | 8.320 | 9.790 | 11.16 | 11.96 |
| Free Cash Flow 1 | -71.7 | 284.1 | 147 | 254 | 239.6 | 379 | 399 | 419 |
| FCF margin | -2.8% | 10.89% | 5.07% | 7.23% | 5.86% | 8.65% | 8.73% | 8.59% |
| FCF Conversion (EBITDA) | - | 56.25% | 52.67% | 61.03% | 53.48% | 74.31% | 73.85% | 75.63% |
| FCF Conversion (Net income) | - | 99.68% | 133.39% | 129.33% | 129.23% | 175.46% | 161.61% | 158.71% |
| Dividend per Share 2 | 2.250 | - | 3.000 | 4.500 | 4.500 | 5.500 | 5.750 | 6.500 |
| Announcement Date | 2/7/20 | 2/5/21 | 2/3/22 | 2/2/23 | 2/2/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 835.9 | 849.1 | 895.3 | 778.4 | 990.2 | - | 1,058 | 906 | 1,133 | 1,096 | 1,108 | 971 | 1,208 |
| EBITDA 1 | 76.8 | 108.2 | 96.7 | 87.2 | 124.2 | - | 107.8 | 91.6 | 126.4 | 133.6 | 121 | 108 | 147 |
| EBIT 1 | 37.4 | 60.2 | 51.9 | 42.6 | 79.6 | - | 55.1 | 37.9 | 74.9 | 83.7 | 66.3 | 54 | 92 |
| Operating Margin | 4.47% | 7.09% | 5.8% | 5.47% | 8.04% | - | 5.21% | 4.18% | 6.61% | 7.64% | 5.98% | 5.56% | 7.62% |
| Earnings before Tax (EBT) 1 | 38.1 | 62.5 | 51.1 | 43.2 | 90 | - | - | 23.2 | 83.5 | 80.6 | 60 | 49 | - |
| Net income | - | 48 | 41.2 | 31.2 | 76 | 49 | - | - | - | - | - | - | - |
| Net margin | - | 5.65% | 4.6% | 4.01% | 7.68% | - | - | - | - | - | - | - | - |
| EPS | 1.570 | - | 2.000 | - | - | 2.380 | - | - | - | - | - | - | - |
| Dividend per Share | 3.000 | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/3/22 | 4/21/22 | 7/15/22 | 10/25/22 | 2/2/23 | 4/20/23 | 7/14/23 | 10/25/23 | 2/2/24 | 4/25/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 377 | 133 | 273 | 391 | 628 | 476 | 173 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 90.5 |
| Leverage (Debt/EBITDA) | 1.402 x | 0.2629 x | 0.9785 x | 0.9402 x | 1.401 x | 0.9333 x | 0.3201 x | - |
| Free Cash Flow 1 | -71.7 | 284 | 147 | 254 | 240 | 379 | 399 | 419 |
| ROE (net income / shareholders' equity) | 9.48% | 6.24% | 9.29% | 18.2% | 13.8% | 15.3% | 14.2% | 15.9% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 47.20 | 58.70 | 61.70 | 73.00 | 81.50 | 89.00 | 93.90 | 100.0 |
| Cash Flow per Share 2 | - | 16.50 | 8.450 | 13.40 | 11.90 | 18.50 | 19.40 | 20.40 |
| Capex 1 | 9.9 | 19.7 | 17.9 | 15.3 | 20.6 | 29.7 | 44.8 | 31.9 |
| Capex / Sales | 0.39% | 0.76% | 0.62% | 0.44% | 0.5% | 0.68% | 0.98% | 0.65% |
| Announcement Date | 2/7/20 | 2/5/21 | 2/3/22 | 2/2/23 | 2/2/24 | - | - | - |
1SEK in Million2SEK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
138
SEK
Average target price
178.5
SEK
Spread / Average Target
+29.35%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +12.65% | 278M | |
| +10.55% | 67.6B | |
| +11.64% | 18.21B | |
| +21.03% | 13.41B | |
| +9.40% | 13.37B | |
| +16.53% | 9.94B | |
| -32.90% | 5.74B | |
| -10.98% | 5.57B | |
| -4.09% | 4.91B | |
| -4.83% | 4.87B |
- Stock Market
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- REJL B Stock
- Financials Rejlers AB
